Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $410,000 Flip Analysis — FlipScout
Ask
$410,000
$320/sqft
Bid $
$296,172
Max bid / MAO
Room
~$113,828 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$86,940
$68/sqft
ARV
$466,537

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $296,172 · Ask $410,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

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Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1280 sqft
ARV$466,537
List− $410,000
Rehab− $86,940
Gross profit$-30,403

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07306

Street locked · 07306 · CONDO $573,000 · 1282 sqft
Street locked · 07306 · CONDOS $655,000 · 1251 sqft
Street locked · 07306 · CONDO $400,000 · 1335 sqft

Net pro forma

Includes closing costs & 3.3-month carry

Buy closing (2%)$8,200
Holding carry$15,032
All-in capital$520,172
Sell costs (6%)− $27,992
Net proceeds$438,545
Net profit $-59,366
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $86,940

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $86,940
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,280 sqft × $3.00) $3,840
Flooring — Hardwood Refinish (1,280 sqft × $4.50) $5,760
Contingency (15%) $11,340

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Declining

07306 (07306) signals softer conditions: margins ~1.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
8/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
None
Sqft
1280
Zip
07306

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

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